Canada's Exit Tax Explained

00:00 - Introduction 02:49 - Exit Tax Basics 07:03 - Exemptions 08:34 - Why the Tax Exists 09:55 - How High the Rates Reach 12:06 - Impact on Corporations 16:02 - The LCGE 16:39 - Deferring Payment 17:20 - Other Considerations 18:02 - USA Exit Tax 19:42 - Conclusion A post about Canada's exit tax went viral on X recently - today, we clear up some misinformation and clarify how the tax actually works. DISCLAIMER: This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered